Sheri Shapiro will serve as senior executive vice president and chief strategy officer effective June 5.
CommonSpirit Health recently announced it has appointed a new senior executive vice president and chief strategy officer for the nonprofit Catholic health system.
Sheri Shapiro currently serves as executive vice president and CSO for Trinity Health, which is a part of CommonSpirit Health. Effective June 5, she will become CSO of CommonSpirit and will report to CommonSpirit's CEO, Wright Lassiter, III.
"Sheri is an inspirational and transformational leader, whose experience guiding strategic initiatives across a broad range of health systems and health care clients makes her an outstanding addition to CommonSpirit's executive leadership team," Lassiter said in a press release. "She shares our values, encourages critical thinking, intellectual curiosity, and data-driven decisions. Sheri will help us propel our vision and mission and bring a new, fresh way of thinking as we close the gap between today and what is possible."
Shapiro will lead market strategy and development, growth and partnerships, strategy transformation, innovation, marketing and communications, brand management, the international division, sales, and payer strategy for the $33.9 billion nonprofit health system, which operates 138 hospitals across 22 states.
According to her LinkedIn profile, Shapiro joined Trinity Health in 2016, where she has since served as the chief strategy officer. She led strategy, growth, business development, mergers, acquisitions, and partnership development for the $21.5 billion nonprofit health system, which operates 88 hospitals across 26 states. She also led the system's innovation program, which invests in advancements that can be used and scaled for health systems.
Prior to joining Trinity Health, she served as a partner and strategic advisor at The Chartis Group, where advised C-suite level health system executives on enterprise strategy, growth, physician alignment, partnerships, and value-based care initiatives. Prior to that, she worked as a consultant for CSC Healthcare.
Shapiro also has experience in brand and product management. From 2001 to 2005 she worked at Ford Motor Company where she managed marketing and market strategy for the Ford Escape and Escape Hybrid SUV product lines.
This past week, CommonSpirit reported operating revenues of $8.57 billion and operating expenses of $9.08 billion for the quarter. The provider posted a normalized operating loss of $508 million and EBITDA of -$38 million.
Related: Declining Revenue and Rising Costs Impact CommonSpirit Health’s Q3 Earnings
Melanie Blackman is a contributing editor for strategy, marketing, and human resources at HealthLeaders, an HCPro brand.